Question: Use the following problem statement to answer questions 5-8. John rents a tractor to contractors and walk-In customers. He has prepared a forecast for weeks

Use the following problem statement to answer
Use the following problem statement to answer
Use the following problem statement to answer
Use the following problem statement to answer questions 5-8. John rents a tractor to contractors and walk-In customers. He has prepared a forecast for weeks 4 through 6. The actual demands of the tractor and the forecasts made for each of the last 3 weeks are shown in the table below. Round to four decimal places. What is the absolute forecast error for week 4 ? \begin{tabular}{|l|} \hline 3.0000 \\ \hline 4.0000 \\ \hline 7.0000 \\ \hline 9.0000 \\ \hline 10.0000 \\ \hline \end{tabular} What is the value of MAD? \begin{tabular}{|l|} \hline 3.8169 \\ \hline 4.0000 \\ \hline 5.6667 \\ \hline 13.4260 \\ \hline 35.0000 \\ \hline \end{tabular} Question 7 What is the value of MSE? What is the squared error for week 5? \begin{tabular}{|l|} \hline 2.0000 \\ \hline 4.0000 \\ \hline 6.0000 \\ \hline 25.0000 \\ \hline 36.0000 \\ \hline \end{tabular}

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